The army of short sellers targeting uranium stocks was scrambling to cover its positions on Friday following reports that US President Donald Trump was about to sign executive orders that aimed to jumpstart the nuclear energy industry as soon as Friday (Saturday AEST). The orders are set to ease the regulatory process for the approval …
Saskatchewan’s minister responsible for SaskPower is heading to Poland next week to promote the province’s nuclear energy potential on the international stage. Jeremy Harrison will lead a provincial delegation to the World Nuclear Supply Chain Conference in Warsaw, where he plans to showcase Saskatchewan’s uranium assets, growing nuclear sector and its commitment to supporting global …
French state-owned nuclear fuel company Orano is exploring the sale of its uranium assets in Niger after the breakdown of its relationship with the West African country’s military rulers, the Financial Times reported on Saturday, citing people familiar with the matter. The uranium miner said on Tuesday that it had filed a lawsuit with the Niger courts over the …
National Atomic Company “Kazatomprom” JSC announces that Development Bank of Kazakhstan JSC and Taiqonyr Qyshqyl Zauyty LLP (TQZ) concluded an agreement on opening a credit line to finance the construction of the sulphuric acid plant with a capacity of 800 thousand tons per year in Taikonur, Turkestan region. The total cost of the investment project …
The management of Orano has still received no information regarding the director of Orano Mining Niger, after the Nigerien security services raided the offices of its subsidiaries SOMAÏR, COMINAK, IMOURAREN SA and Orano Mining in Niamey on Monday, May 5th. During this intrusion in the premises, electronic devices and cellphones belonging to all staff were …
Hungarian Prime Minister Viktor Orbán has stated that Hungary will not support the European Commission’s plan to phase out Russian energy sources. However, he acknowledged that Hungary cannot block the plan if it is adopted by majority vote rather than consensus within the European Union (EU), Azernews reports, citing TASS. “They can adopt it by a majority …
A French uranium mining firm said Tuesday that it was “very worried” after losing contact with its representative in Niger, where the company has become embroiled in a standoff with the military government. The Orano company said in a statement that it had been told of raids Monday on the offices of its subsidiaries in …
The EU will end its dependency on Russian energy by stopping the import of Russian gas and oil and phasing out Russian nuclear energy, while ensuring stable energy supplies and prices across the Union. The REPowerEU Roadmap, presented today by the European Commission, paves the way to ensure the EU’s full energy independence from Russia. Despite the …
Urenco attends the Canadian Nuclear Association 2025 in Ottawa. The nuclear fuel supply chain requires both “visibility and predictability” if it is to rapidly expand to support future energy demand, a conference was told. A Nuclear Fuel Supply panel at the Canadian Nuclear Association (CNA) 2025 conference also heard there was “no time to lose” because the …
Namibia has long stated its interest in introducing nuclear power into its energy mix, which relies on imports, mainly from South Africa. Leading uranium producer Namibia will this year launch talks on its first nuclear energy plant as it seeks to exploit its rich natural wealth to transform its economy, the president said on Thursday. …
